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GLOOMY DUBLIN

STOCK EXCHANGE FALL. HEAVY LOSSES. LONDON, Oct. 18. Bank of Ireland and__brc\yery shares fell sharply on the Dublin Stock Exchange, states the correspondent of The Times, and Dublin is gloomy concerning the outlook. Business is at a standstill. No public demonstration marked the return of Mr de Valera from London. He is not likely to seek a General Election. Labour, while deploring the Government’s social policy, fears to challenge it, as an election would mean Labour’s annihilation. The Government may introduce a supplementary Budget to counteract the heavy financial losses resulting from the economic war with Britain. The income taxpayer is most likely to suffer as the bulk of Mr do Valera’s supporters pay none. A rate of 7s 6d in the pound is possible.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WC19321102.2.64

Bibliographic details

Wanganui Chronicle, Volume 75, Issue 259, 2 November 1932, Page 7

Word Count
127

GLOOMY DUBLIN Wanganui Chronicle, Volume 75, Issue 259, 2 November 1932, Page 7

GLOOMY DUBLIN Wanganui Chronicle, Volume 75, Issue 259, 2 November 1932, Page 7

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